Mainstream Minerals (MJO) and King’s Bay Gold (KBG) announce intersections from Ontario project

Mainstream Minerals Corporation (TSX:V.MJO, Stock Forum) and King's Bay Gold Corporation (TSX:V.KBG, Stock Forum) announced additional drill results Monday from their joint-ventured Bobjo Mine Project at Red Lake, Ontario.
The partners say that “numerous significant zones of rare earth elements and other minerals and metals” were intersected in hole # 23 between 162.0 to 262.5 metres.

The companies’ news release notes that highlights include “15.5 metres (50.1 ft) grading 34.57 g/t Sc (Scandium), 16.42 g/t Rb (Rubidium), 17.72 g/t Nd (Neodymium), 33.20 g/t Ce (Cerium), 33.46 g/t Li (Lithium), 8.46 g/t Cd (Cadmium), 6.26 g/t Sm (Samarium), 14.07 g/t Y (Yttrium), 15.53 g/t Ba (Barium), 45.67 g/t B (Boron), 4.83 g/t Hf (Hafnium), 5.14 g/t Yb (Ytterbium), 1.22 g/t Th (Thorium), 1.37 g/t Tb (Terbium), 12.35 g/t La (Lanthanum), 2.05 g/t Eu (Europium), 171.71 g/t Cr (Chromium), 160.84 g/t V (Vanadium), 157.30 g/t Sr (Strontium); and 0.0230 % Zn (Zinc), 0.188 % Ti (Titanium), 0.179 % P (Phosphorus), 0.196 % Mn (Manganese), 2.994 % Mg (Magnesium), 6.300 % Ca (Calcium), and 10.960 % Fe (Iron)” from 162.0 to 177.5 metres.
A 15,000 metre Phase 2 drilling program is ongoing and the companies say additional results will be released when received and verified. Mainstream Minerals is the operator of the project.

Shares of Mainstream Minerals were up 12.9% to 35 cents Monday morning, while King’s Bay Gold was up 7.1% to 22 cents.